Domain name reseller
The World Wide Web is an ever-flourishing platform that generates new possibilities to make money on the Web. One of them is to be a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is an increasing marketing niche that you can be engaged in.
TLDs and SLDs
A domain name is made of 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that manages the registrations and determines the requirements that each particular Top-Level Domain may impose, among them the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name records.
Earn Money From Offering Domain Names
Numerous Registrars have reseller programs that permit individuals to earn revenue from offering domains to end customers. If you register with such a program, you can launch your own personal Internet business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more people in local districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domains Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will have a webspace hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most corporations also provide billing transaction software and templates for your virtual shop, and the automation of the entire procedure coupled with the enlarging demand for domain names render the domain reseller industry so desirable. You will either get a pre-made website and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own site and order form. Commonly, you have the option to pick between the 2 options, so it all revolves around how expert you are in these affairs. As a domain name reseller, you will sell under your personal brand name and not on behalf of the Registrar's.
Earn Revenue From Promoting Hosting Services As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who would like to launch their website and demand both a domain and a webspace hosting account. Some corporations supply such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing management software to bill your customers. You can then offer domain names and shared web hosting packages to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain name and hosting services to customers from all over the globe.